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they want to bill, the infrastructure, the programs they make into law. guest: i think james hits on the virtue of a flat tax, having a low, single rate, getting rid of all the loopholes in the tax code and having the government learn to live within its means. that would take some time, but it is eminently doable with positive reforms on the entitlement for younger people. you do not have to change the benefit formulas for those on medicare or social security or who are about to go on those systems. as younger people know, those systems are headed for a crash. the sooner we reform them in a positive way, the better. the key to do it is not by raising taxes, but by having a low single rate and they learn to live within it. i think you'll have a much more prosperous country for it. host: let's end where we started. what do you think the best solution in your personal view and your business view is to the fiscal cliff situation? guest: aside from not doing something foolish and the next three or four days -- that is why i do not mind kicking the can down the road -- would be to follo
countries, seen for retaliation for a new law in the u.s. that seeks to punish russians for human rights violations. the ban will take effect on january 1st, that's really right away it would halt all new adoptions and end those already in progress. incredible. a lot of families in the process of adopting children in russia. >> those poor kids. >>> want to move on to the weather. lots of snow, wind, hail everywhere across the u.s. the storm that brought snow and spun off tornadoes is still not over. ten deaths blamed on the storm. more than 2,400 flights have been canceled. it could dump more snow on new england and upstate new york today. boy, they don't need that. bonnie schneider with a look at the forecast. good morning. >> good morning. the storm we've been talking about is working its way to extreme northeastern new england. it is hitting canada hard. quebec is getting more snow. i mentioned yesterday that cold air would come in behind the system. it sure has. scranton at 26. below freezing in new york city at 31. just to let you know, it's not over yet. a brand new storm system se
into law. if you're among republicans is if you reach an agreement now and agree to tax increases, the spending cuts will get undone or never will be followed through on. that's one of the things that has held back talks, because republicans are skeptical that democrats will follow through. host: charles is on the independent line from colorado. caller: good morning, steve. i listened to it the myopic dogma in this segment over and over. the only people i can blame on this are the american people. the people who sit here and listen to these guys that are extremists and and they vote him into office -- them into office. i hear people say let's get rid of epa. if you look at how much epa takes out of our budget, that's like worrying about nothing gary people need to turn off the tv and start studying more. crack some books. look at economic spirit trickle-down economics does not work. name a country where it has worked? maybe estonia. but it's not working in greece. i heard a great saying that says when time gets tough, everyone is a keynesian. turn off the tv. not c-span of course.
extreme laws and legislatures throughout the country to whittle away at basically even the most commonsense restriction, like for example, a gun that barely pass add law and the governor vitoed it to carry guns in day cares and places of worship and schools. >> what do you think of the statement that the only way to substitute stop bad guys with goods is to have good guys with guns. >> for example, we had gop pollster man once not necessarily a fan. we had him go out and talk to nra members and gun owners and he found that 47% owners think everybody should get a background check before they buy a gun. that's not the case today. wayne pierre uses every penny he has, which includes his $1.4 million salary to fight that. >> good points. thank you so much for being with us. >> thank you. >>> this will be a christmas to remember for the family of jon hammar. the former marine is back in the u.s. after he was released from prison in mexico friday night. hammar was held in august after he passed into mexico with a family heirloom shotgun. that was a violation o
was the limit. that really was her view. it made me think i could do anything. i did go to law school. in the early 1980's when i got out of law school, i went back to tennessee to practice. i was going around to law firms. there were not that many women in the law firms. i had guys interview me. they would sit me down and say, do you understand you have to try cases? >> [laughter] >> i said that is what i wanted to do and was excited about it. i have clients in the beginning, i would go in to meet them. afterwards, one of my partners would say that they say that was not what i expected. he did not know there was going to be a lady lawyer on this case. but i really liked trying cases. it was a lot of fun. then i was drawn into politics. throughout my career, i have been interested in how to change things for the better. i have been very fortunate to have lots of opportunities to serve. >> you mentioned your mother. your mother died of lung cancer. she was such a force in your life. >> i think it made me very strong because it was very clear i had no one to depend on but me. >> 3 the o
. and the americans were skeptical. first, there were neutrality laws but there were also very strong isolationist sentiment in america. and even george marshall, who was chief military advisor to franklin roosevelt said, how can we send all these weapons to england if they're going to surrender to the british in a matter of weeks, and we end up fighting the germans? we will be charging into the face of our own weapons. but even though the operation was secret, it became headlines of course when it happened around the world. and everyone knew about it. and roosevelt and marshall were very, very effected by this. they thought if the british government can do this, they are serious. they are not going to negotiate with the germans. they're going to stay in this for as long as they possibly can. and it opened up the pathway for armaments to go to britain, which were very much needed and very much appreciated. >> brooke stoddard, when the official date of the so-called battle for britain, battle of britain? >> when were they? i think britain calls it july to the end of september, let's say. >> of 1940
and the next election, jackson had gone around the country, building a popular majority in getting laws changed from state to state to state in which providing for universal white male suffrage, which took a vote out of the hands of property owners and give it to barbarians as john quincy adams may say. the bank if there was a deal with clay in 1824, was that ethical bystanders of those days and retrospectively by our standards? >> is certainly what is ethical in those days. he took a lot of flak for it, but the choice in his mind was to turn the country over to a barbarians who couldn't write his name, who had violated the constitution that will turn the word of 1812, con into massacre in the seminal sender and enduring whatever he felt like doing. he did not want to see this man president. >> one point in the book he described a bit of a crouch. teaching to afflict him as a person? >> yes. >> there is some time travel involved. >> all of us are brooches at times. he did not suffer fools, so you would be grouchy. i was grouchy last night when romney said we have fewer ships today than we had i
the president needs to do. there is nothing he has to sign. as a matter of law the law changes in january and taxes go up. president doesn't have to do anything. he can sit back and as taxes go up on everybody including that 1% that he has been after, nothing has been done on spending. sequestration could be rolled back with retro activity where the president thinks he is better shape on spending in january. patti ann: alan? >> you forget the president offered boehner a deal to keep taxes keep the bush tax rate on 98% of the americans. keep those tax rates where they are. not raise taxes and boehner rejected that. he had opportunity -- excuse me, i'm still talking. he has opportunity now to do exactly what the republicans say they want and boehner rejects it. >> it is beyond revenue. it is about spending. that is our problem. >> you can stop going over cliff first of the year. >> what about spending that got us in bind we're in? none of the revenue that will be generated will make a dent in our spending especially the 6 trillion the president has --. patti ann: brad, democrats are arguing
'll see estate taxes go up, investment taxes go up. there is an endless list of expiring provisions of law that will, in fact, expire if nothing is done. and i think even if something is done at this point, what you're looking at is something very scaled back, something very small and congress will have to come back next year and take a look at trying to get to some of those other issues. >> alistair here. that sounds about right to me, assuming that that scenario is how things play out. what sort of impact medium term do you think this is going to have on consumer and corporate confidence in america, given that the fiscal cliff is clearly weighed heavily on both of those in recent months? >> the sad thing, you know, from an observer's standpoint here is that there isn't much corporate or consumer confidence in the american government. and it's proved itself dysfunctional time and again over the last couple of years. what you hear now is not how people believe that there's going to be some last-minute deal, but how they remember the times that the t.a.r.p. bill, the fiscal bailout a few ye
Search Results 0 to 8 of about 9